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Reddit Inc

  • Friday, 19 July, 2024
    Serious MoneyClaer Barrett
    Would you turn to Reddit for investment ideas?

    It’s no surprise that social platforms are the go-to place when industry communications appear designed to obfuscate

  • Thursday, 16 May, 2024
    OpenAI
    Reddit shares surge as it strikes content deal with OpenAI

    Agreement comes as competition for high-quality data to underpin AI models intensifies

    The Reddit app is seen on a smartphone
  • Tuesday, 7 May, 2024
    Reddit beats expectations in first results as a public company

    Social media site reports strong user growth but cautions US election could affect advertising

    The Reddit app on a smartphone
  • Friday, 19 April, 2024
    Lex PopuliInvestments
    If you like a company, should you buy its shares?

    Familiarity bias can work both ways for investors

    A New York stock exchange worker during the Reddit initial public offering
  • Thursday, 28 March, 2024
    Unhedged podcast17 min listen
    Wall Street bets on Reddit

    Can the social media platform’s text-based, user-generated boards thrive in the public markets?

  • Thursday, 28 March, 2024
    Unhedged
    Valuing Reddit, take 2 Premium content

    And the yen

    Reddit chief executive Steve Huffman at the New York Stock Exchange
  • Wednesday, 27 March, 2024
    UnhedgedRobert Armstrong
    Valuing Reddit is hard Premium content

    And so is justifying the Trump Spac at $60 a share

    A montage of the Truth Social app in an app store on a mobile phone, and Donald Trump
  • Saturday, 23 March, 2024
    News in-depthIPOs
    Blowout Reddit debut raises hopes of revival in dormant IPO market

    Other companies could be emboldened by the social media group’s successful listing, say bankers

    Steve Huffman, co-founder and chief executive officer of Reddit, with the company’s mascot on the floor of the New York Stock Exchange on Thursday
  • Friday, 22 March, 2024
    Reddit cashes out in a stellar IPO — but can it grow up?

    Social media site now faces challenge of adjusting its sometimes unruly business to please public shareholders

    Reddit chief executive Steve Huffman on the floor of the New York Stock Exchange during the company’s IPO
  • Thursday, 21 March, 2024
    Reddit shares soar 48% in New York IPO

    Deal gives social media group popular with meme-stock traders a market value of almost $10bn

    Reddit chief executive Steve Huffman, centre, on the floor of the New York Stock Exchange
  • Thursday, 21 March, 2024
    Lex
    No, Reddit is not a meme stock  Premium content

    Early involvement by loyal users does not guarantee a large pool of engaged retail investors

    Reddit logos on display at the New York Stock Exchange
  • Thursday, 21 March, 2024
    Markets InsightCaroline Escott
    Reddit’s IPO is a regrettable mis-step in corporate governance

    The listing of dual-class shares will mean the partial disenfranchisement of many investors

    Reddit mascot ringing the opening bell during the company’s IPO at the New York Stock Exchange
  • Saturday, 16 March, 2024
    On Wall StreetTabby Kinder
    Reddit IPO reveals the reality check for Silicon Valley

    Companies and their backers are starting to show more signs of acceptance of valuation cuts in ‘down round’ financing

    is expected to list shares on the New York Stock Exchange next week at a sharp discount to its most recent valuation as a private company of $10bn
  • Friday, 15 March, 2024
    Reddit removes CEO pay incentives in signal of reduced hopes for IPO

    Social media company cancels Steve Huffman’s performance awards based on hitting $25bn market value

    A montage showing the Reddit logo and an image of Steve Huffman
  • Tuesday, 12 March, 2024
    Reddit is casting aside community spirit in search of financial maturity

    A conservative directed-share program on its IPO risks leaving the Redditor army feeling left out

  • Monday, 11 March, 2024
    Reddit aims to raise more than $500mn in IPO

    Social media platform targets valuation of up to $6.4bn in litmus test for start-up listings

    Reddit logo, US dollars
  • Thursday, 7 March, 2024
    Reddit’s pre-IPO roadshow to kick off next week

    Social media platform’s public debut will be closely watched as a gauge of the appetite for tech listings

    A montage of the Reddit logo and US dollar bills in the background
  • Friday, 1 March, 2024
    Reddit targets valuation as high as $6.5bn in IPO

    Social media platform plans public listing later this year in test of investor appetite

    The Reddit logo
  • Friday, 23 February, 2024
    Lex
    Reddit wants its users’ money -- but not their input Premium content

    Following the IPO, voting control will be concentrated among those who already hold Reddit stock

    The Reddit app on a phone
  • Thursday, 22 February, 2024
    Reddit plans share sales to platform’s users as it moves ahead with IPO

    Prospectus filing shows $804mn in revenue and a $91mn net loss in 2023

    The Reddit logo on a mobile device
  • Tuesday, 6 February, 2024
    LexIPOs
    Reddit IPO targets low float and low valuation   Premium content

    There may be benefits to waiting but the penalty is an expected value half that at which it raised funds in 2021

    The Reddit logo and sign
  • Friday, 2 February, 2024
    Reddit chooses New York Stock Exchange for long-stalled IPO

    Social media platform’s valuation is expected to have tumbled from $10bn in 2021

    Reddit sign and logo
  • Wednesday, 18 October, 2023
    Behind the Money podcast25 min listen
    ‘Dumb Money’ writers on the GameStop saga

    A behind-the-scenes look at Hollywood’s latest finance movie

  • Saturday, 17 June, 2023
    News in-depth
    Reddit stands firm in clash with users as protest escalates

    Plans to charge for data access sparks stand-off with moderators as social media platform prepares for IPO

    Steve Huffman, Reddit chief executive
  • Friday, 16 June, 2023
    LexElaine Moore
    The Lex Newsletter: Reddit and the API apocalypse  Premium content

    Plus, Amgen/Horizon, Microsoft/Activision, Nasdaq, renewable energy, Glencore, Crispin Odey

    A Reddit logo changed to have a sad face
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